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energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> dan: in the capitol of cyprus bank employees faced off on riot police on the controversial to tax bank accounts. >>> here at home. congress is forcing the postal service to continue saturday day delivery. they announced that it would switch in august to five-day service for first class mail in order to save two billion dollars. they lost $16 billion last year. today the house approved what the senate already passed a spending bill that continues the requirement for 6-day mail delivery. it now goes to the president for his signature. >>> walmart stores in san jose will soon be offering a smarter way to shop. they expanding a pilot program called scan and go. it let's customers scan items by using an app on the their smart phone. shoppers can see the running total of their items and use a self-checkout screen when leav
's a real big play. i'd love to know how citi holdings is doing in this rising environment. >> there's a lot to like. i like citi here and there you have the opening bell here. visa celebrating five years of trading on the nyse and at the nasdaq, the academy of nutrition and dietetics celebrating national nutrition month. >> by the way, speaking of banks and refinancing, the american consumer continues to refinance their household debt either through a refi of their actual home or taking out another credit card with a zero balance or low-balance offer and transferring the balance. visa was a $69 stock two years ago and it's opening today at about $159, right? >> look at that gain. in a market where people are still weak and we still have a tough consumer. >> remember, big international play. >> yes. much more so than ma. >> and it's just a very well-run company. >> a lot of american guys who have been good and have also been run by a foreign individual, and i don't mean to be phonetic, but this is a big worldwide company. >> i changed banks recently because my bank ceased banking so i got a
environment. >> you have to think about this. it's a process. it's physical therapy that now the patient is ready to talk again. >> it's sedation. the patient needs to be told they're going to get better. >> if i buy your argument, david, there's an inflection point that low interest rates are stimulus to a point and then it goes the other way. don't i only have to look to ecb for prove that's not right which kept its rate at 1%? >> there's so much else going on suppressing the economy. >> it's europe. >> i don't think we can -- >> they have a few labor issues, don't they, steve? a few structural problems. >> the analog is ecb did not go all of the way down. it maintained. >> it's europe. >> i don't think that borrowers or lenders really care whether the rate is 1% or half a percent. i don't think it makes any difference at all. the issue for people planning to buy a house or planning to expand a business is how the economy will do. part of the federal reserve's message that we'll see today that's crucial to the statement today, are they going to downplay the economy and talk about outsi
opportunities to do some stock picking in this environment and that's really what people need to be doing prp. >> so you're going to want to buy what jim lacamp's selling, is that the idea? >> as long as there are proven fundamentals and an attractive valuation argument. >> all right. rick santelli -- >> now, wait a minute. the fundamentals aren't improving that much. we're seeing earnings start to deteriorate. and fedex and caterpillar, their earnings started to deteriorate. we're seeing some of those if you want fundamentals sl s slac. >> you can't just go blindly by, you know, equities across the board. but there are opportunities to find pockets of the economy that are growing, despite all the negative and worries out there, as far as the macro environment. >> okay. but what about the fact that, you know, we were talking about this yesterday, bill, the s&p is expecting earnings growth, the s&p 500, of 0.7% for the first quarter. so we are looking at an earnings deterioration here. now, they're expecting things to pick up later on in the year. but if you're saying there is growth in the ec
flying about 70 satellites. so we're pretty familiar with the space environment and the risks it entails. as a global fleet operator serving both commercial and government customers, reliability and continuity of service are our highest priorities. whether it's uav operations over afghanistan or the final game of the ncaa tournament or financial statements that have to be transferred securely around the world, um, we know that our customers expect flawless performance. to deliver this level of performance, we have to daily deal with a range of threats. probably a highest priority for us today is radio frequency interference. many times it's accidental, sometimes intentional. space debris and other challenges of space flight, cyber attacks, solar weather, space systems reliability, the fact that we today don't have an affordable technical solution for refueling and repairing satellites on orbit and last but not least, an international launch industry that's far from robust. now, our economy depends on the ability to create and instantly distribute vast amounts of data around the planet. s
been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> the supreme court will hear two landmark cases involving same-sex marriage tuesday and people are already lining up outside of the high court hoping to hear the arguments. one of the cases is the challenge to the defense of marriage act which prohibits the federal recognition of gay marriage and the other is a challenge to california's proposition 8 a ban of gay marriage which was approved by an act. and this is what one says by former president bill clinton, as the president who signed the act into law, i have come to believe that doma is not accurate. i have asked jeffrey toobin to explain this. >> all we can say is that president clinton believes it was a mistake and whatever justification he had in 1996 was not good enough, and he, like virtually the entire democratic party now, repudiates it a
developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> stocks have opened higher after big retail names reported higher earnings. tiffany and darden posted profits that were higher. overseas, markets have recovered. the dow up 77. s&p is up 8. nasdaq is up 14. well, a glimmer of hope for cypress. it has until monday to raise billions billions billions billions billions billions of euros. the money from moscow would not be a loan because that would increase the debt burden which the european union said it would frown on. >>> blackberry ceo says apple lacks innovation. he made that excellent hours before the u.s. launch of the new touch screen blackberry. the iphone does not allow for multitasking. the blackberry lets users have multiple apps open. they will announce sales numbers for the phone in other countries. >>> twitter being taken over by law enforcement today, ver
the cash method of accounting. what to make of, well the entire environment for growing a business in this country? ali wing, founder and ceo of giggle, the baby chain of stores and online sales. she joins us now. in terms of what you're seeing, just broadly, ali, the tax environment for you, it is getting worse, no? >> it is. i'm actually just in the middle of annual compensation reviews. i know every employee right now is feeling less in their take-home pay. that is a pressure of a different type for businesses. but it's the same old theme, whether it was not charging online only businesses sales tax or people off-line had to have it. just needing to even the playing field. not a disinincident tiff to big next generation of big businesses in america and right now it is still uneven. dagen: we talked about though the complications created by government, local government, state governments, the federal government in running a business today. we're celebrating the anniversary of the health care law and, what we've seen washington do in recent years. is it getting worse to grow a bus
or even buy a new home? >> the interest rate environment has been great for five years now. they are rising from such a low point. i do not think another 100 basis point rise will do that. the economy slowly creeks upwards, we will see an improvement on the housing market. there was a chart that we had during the bubble. as i said, we have the climbing no class incomes. we have housing prices starting to rise again. watch for a repeat of the previous bubble. dagen: you could see a divergence from not, correct? >> we very well could. fannie mae is purchasing the% down loans again. dagen: diggity dog. uncle sam is standing willing and ready. when it you be a fool not to take advantage of that? >> there are some people that have certain libertarian market people that would balk at it. i think we are starting to pick up. do not get too excited when all the obamacare taxes kick in next year. i would go into any of the markets like miami. the whole purchase to rent phenomenon, all the investors are jumping in and buying rental properties. the holster is wearing off on that. it di
people together. partly it was the environment and the sicks that we had to confront -- circumstances that we had to cold front. as nk what has changed is she said we would work longer weeks and people were there for longer periods of time. the venues for communication were at hand. she will remember this well. we used to have two lunch tables that were just for senators and you sit family style. people would have lunch together. for whatever reason that lunchroom was closed. we used to have social events where we getting together and one was around our spouses and we would salute our spouses. we would do things like that. people now leave washington more routinely on thursday or fridays and they don't come back until monday or tuesday. you are left to combovepb on wednesday. you condition govern a country as big and sophisticated a this is. they were in session for 11 days in february. partly, we have to ground the airplane. you have to stay here. i like the suggestion that maybe what we out to do is have blocks of time where you don't go home. you're there from january to june then
of orders for commercial vehicles is coming up pretty nicely. so i think that the environment looks pretty bright for this part of the world. here again, we are continuously outperforming. we have been able to grow the revenues by 32% over the last few years. i would not say that europe is yet on this kind of recovery. i would say that europe is what i would call a holding pattern. it is such a great power. connell: given all the problems thhy have had, i know what you mean. >> you cannot think long-term of europe not been to a recovery. what we have here is outperforming every year. connell: when you plan for the future, the company makes auto parts. what do you think about? >> we do a lot of electronically driven systems. automatic manual transposition systems. and a lot of systems. connell: when you are planning out for the future, how far do you look? when one buffett invests, a lot of times it is a long-term outlook. what is your horizon is a ceo? >> it is important to be looking at long-term, taking care of short-term opportunities. ten years ago we focused on the ahead of competitio
and an environment that celebrates your coming to our state and joining us. my focus for a long time has been, and i think... all of us, should be on economic growth. and ensuring the economic growth and our country return to historic levels and remains strong going forward. the question i would like to pose to both mr. horton and mr. parker focuses on the impact of this merger on growth, both from the perspective of the great many employees of both companies and from the perspective of consumers. by askingke to start the american ordered in texas which has a great many jobs that we are grateful for but american has challenging financial circumstances in recent years. i would like to get your views both on the negative impact that would flow to american disapproval -- this murder were not approved. it is widely expected to be approved by would like your repercussions if it were not and on the flip side, the positive benefits to the many thousands of men and women who worked at american right now if this merger is approved. >> thank you, senator. i would also like to welcome doug parker to the great
to reduce their exposure. will we now have is a terrific tax environment. >> know it's several thousands of dollars. cheryl: thanks to all of you. different perspectives on the tax environment. it's rough out there. thank you for being here. >> a pleasure. >> thank you. cheryl: all right. let's share something highly -- happy. new jobs. unemployment is down. the reasons why coming up. as we go to break, let's take a look at someone in names overall on the nasdaq. we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ cheryl: time for your westcoast minute. san francisco's union bank is expanding in arizona. the bank has decided to open a new mortgage operation center. the center is expected to create 250 jobs. the governor offered tax incentives to union bank which is owne
and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial off. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. ♪ be. stuart: we told you that the twinkie would live on. the company that bought the brand is leaving the union picture. bill, welcome back. good to see you again. i think that unions have taken a black guy with the twinkie. they have gotten some of the blame for the twinkie going under. they brought that money and because the unions are not part of the picture. unions took a black guy. >> that was kind of interesting. you say they took some of the blame. exceptionally open-minded of
related to each other, as long as the current environment exists as it does come interest rates as low as they are, there's really no incentive for washington to get back together and fix the fiscal situation because they are not forced to. so you say they will be by when, 2015, middle of the year? it'll be a while, in other words. dagen: it will be a while, but the good news is the budget deficit is actually declining. suggesting a decline for the next three years, so there's a little bit of time in washington to get it right. it is not as imminent, you have not done sequestration, but it is still the fed, all about the fed. what the market will be focused on is not so much when they will raise rates because that is forever into the future, but will they be skimming back the 85 billion in purchases? i don't think there will be any sign that will happen. i think it is helping the economy. connell: you agree with the policy? >> i agree with the policy, but what is propping up the stock market is the better economy. and i cannot attribute that alter the fed. a lot of people don't think t
focus makes it a good bet where the environment is growing. if you had to own an airline it should be alaska air because there's no more competition and it looks more and more like alaska air it has a beautiful balance sheet and beautiful growth prospects and they have decent fuel hedges and plus, they're still working through the benefits of the airtran composition and just last week we heard from the ceo of spirit airlines right here, that's the best-run low-cost player in the sector with terrific growth. remember, the ceo of save -- yeah, the cool symbol -- despite his low-cost structure, he's not competing with the majors. he's adopted what i call a wee willie keeler hit them where they ain't strategy. just google it. here's the bottom line, in the real world, we might not be able to invest in genuine unfettered, gorgeous monopolies like the rails, but oligopoly is the next best thing, and the airline business is the newest oligopoly out there. i like the three big boys the best, delta, united continental and especially u.s. airways, although up here we can wait for the pullbac
as a connected environment where every network learns from something all the way to the hardware where we stop attacks like we see today, symptom it by not allowing this and stopping the bad guy to not have ownership of the system and going back to the banks, that protects your assets. gerri: i hear some the malware and bad guys lurk there for years and nobody knows. so far, though, with u.s. banks, it's been that they are able to close down the websites, but they don't is their big fat fingers in your checking accounts, say. is that going to change, phyllis? >> so the u.s. banks have been phenomenal. the financial sector is phenomenal because they collaborate exceptionally well. they share information about what they see because they always understood the threat because they protect money. what we need to do is get more information schairing at the cyber level and realtime level. what the adversary can't do, understand the health of the network at the speed of light like your body's immune system. when they share information, it protects companies. gerri: i was amazed at the people who do thi
, but looking at the action, right now suggests we're still in a fairly healthy environment. melissa: you are the first person i have heard say that today. even though we had a down day, shows a little bit of strength in the market because it wasn't even weaker based on this news? speak i think it could have been weaker, and a lot of my looking to buy the dip. two days of weakness. i'm not here to forecast what every wiggle in the market is going to be nor do we think investors should, but with part of your question is fed should investors get in, i am very fond of believing and saying get in or get out, that is gambling on a motive in time, should be a process over time. i do think there is a lot of underinvested investors in the equity on the fence looking for this. you get the money looking into by very quickly. melissa: you're both very fantastic, we really appreciate your time. melissa: here is the "money" question of the day, are you worried this could have been to other countries? you can follow me on twitter. all right, should you be going for the gold? many experts say the gold g
about being a woman in this environment, in this lean in time that cheryl sandberg talked about, and, you know, just overall what your views are. >> it's not something i think about a lot. with sherylout now, it is interesting to think about. i think that there's no difference between male and female ceos, and i think it's nice to get attention from a female ceo, but i would rather be recognized as a ceo. shibani: it was on this day in business back in 1894 that the very first stanley cup championship took place. the trough my was awarred to montreal defeating the ottawa generals, and it's passed on every year, and current holders are the l.a. kings. the trophy was named after then governor general of canada, lord stanley presston, and last year, nearly 3 million people in the united states tuned in to watch the finals and the average ticket price of the first game was $833, and by game five, the price went up to more than a thousand dollars a ticket. well, it's the oldest trough my competed for by pofessional at athletes in north america, and it was played today, march 22, 119 years
. cheryl: ideal economic environment, you're looking at the economy even though we had kind of a mixed picture today and then, again, corporate valuations. that's the bulls' side of this. john, i know you're bearish. you're calling for serious corrections on the s&p and dow. you're saying it's going to happen sooner rather than later. what are you seeing on the other side of the coin here? >> well, look, when things are euphoric, which they are, when alan greenspan comes out and says pie stocks along with the movie stars and, of course, our good friend, ned, then you should be looking to sell. and i'd also like to say this, i was on the show here last april 2012, we were pounding the table then, but right now you've got some real headwinds, and i'll give you a few of them. one, gdp is benign, .1%, you know, in fourth quarter of 2012. analyzed numbers are running around 2%, it just isn't keeping up. unfortunately, the treasury market is not confirming here. you know, if the ten-year was at 275, i'd say we'd probably leg up here, not happening. you know, and i think, thirdly, look at ear
russian stock for eight last 18 years for a very limped time. the environment they operate in is not what we're looking for sustainable growth over a period of time. lauren: so many of these emerging markets have rampant corruption. last week i was in vietnam. i was in cambodia. that is all i heard. so as an investor do you want to go into a government where the company has to, pay money here and there to get what they want done? >> no, you don't. and not that even in our own country this has never happened before, as it has. but you have to be selective. there's a lot of lack of transparency in the russian market and the chinese market. there is issues in the indian market as well but there are still companies with great corporate governance that have a long operating history of providing shareholders with the kind of returns that help them achieve --. david: the problem you're company peting with investors like chinese investors who are willing to bribe and the chinese are everywhere in these emerging markets. >> well they are, and it is sad if you looked at the situation with sino fore
people together. i think partly it was the circumstances and the environment we had to confront. devissive had very times. the schedule has changed a lot. we would work longer weeks and people were there for a longer period of time. the venues for communication were much more readily at hand. we had -- we used to have two lunch tables that are just for senators and you'd is it family style and people would have lunch together. and for whatever reason that lunchroom was closed. we used to have social events where we get together and one was around our spouses and we'd salute or spouse. we'd do things like that. but i think the single biggest thing people leave washington so much more routinely on thursday or friday and don't come back till monday or tuesday and you are left to govern on wednesday. you can't govern a country as big and sophisticated as this one is one or two days a week. they have been in session 11 days in february which we've got to ground the airplane. we're going to have to say you're going to have to stay here. maybe what we ought to do is have blocks of tim
idols in business. they can't do as well in this environment. why is qlik view doing well if oracle can't? >> i think we are in one spot, they're total market. i think we drive the next generation of software. ease of use, time to value, agility and flexibility are the key drivers. more and more corporations are seeing that. if i don't empower my employees to make smarter decisions, i'm missing out on a big opportunity. we've been in that business 20 years. we only focused on the user and the user's behavior when it comes to interacting with data. >> mark from sales force has been on our show. he's trying to develop a dashboard people can use, sales people can use on the road, for instance. why is yours better than his or do they work together? >> they work together. i think mark built a great company. he's disrupted an industry just like we are doing in this industry we are in. one of our most common data sources for our clients is his system. so we sit on top of sales force and maybe two or three other sources and provide you with a dashboard of insight from those data sources. >> i w
environment. sandra: so, tuna, you're saying this move away from pay tv. will hit every provider than one. >> comcast, the reason they bought nbc universal to protect themselves a little bit on the distribution exposure that they have. what you're seeing guys like disney and cbs and parent company news corp are considered some of the premier content providers out there, someone like content nirvana, right? so the industry is going through a renaissance where a lot of company we're recommending leveraging content and monetizing them in a very, very fragmented landscape where the consumer has a lot more options than ever before. so i think the balance of power is gradually and will continue to shift in favor of branded entertainment content. adam: i think jay leno would agree with you on nbc call because he thinks they're extinct. let me ask you this. what content creators do you like? i think we're one of them, news corp, the parent company of fox business. who do you like? what companies do you really see as doing well because of this? i know that the time warner pays us to carry programi
on the importance of protecting the environment and also talking about how we all need to treat each other with love and kindness, tenderness, and not let omens of destruction, hatred and the zero private the file our lives. >> people clapped and interrupted throughout his speech. he is getting a lot of support on his first day as pope. >> he is conservative on lot of the church doctrine. he did criticize priest who in the past refused to baptize babies born to single mothers. >> that gives you a sense of what we are talking about about his compassion for those less fortunate and that is something obviously people expect out of the position of both. he will be looking to lead the catholic church to the new century. a lot people are hoping he will bring change. in fact, we were talking about the poll numbers for catholics in america for a lot of them are liberal leaning when it comes to social issues. we will see if pope francis will bring change to the church. >> closer to home we are talking about a change in the weather. we're talking about rain years erica with our forecast. good morning. >> and
sounin quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (ttimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit tryric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. ♪ stuart: you want to make your company more visible on the internet, you may hire our next guest. joining us now from the new york stock exchange, the ceo of the advertising technology company marron sootware which had its ipo today and went straight up. congratulations. i am sure you have done very well. >> thank you very much. appreciate. stuart: i have to make sure i know exactly what you do. here is how it was explained to me. i come to you, paid a certain amount of money a
, not really. if i got compliance. >> can you at least tell us in this environment, the fed looks like the one thing we've learn side more cover for the fed. i don't know how bad it gets in cypress or whether there is contagion, but the fed will go. >> i think from the u.s. economic perspective, in the last few years of summer slowdowns, it doesn't look like that will happen and we're waiting for pullbacks and maybe we're waiting for an opportunity, but it will be time to wait for equities if you get that. >> i think cramer's here and jim, remember early on we were talking about whether the market knows things and it's like we were looking at that big job's number and we didn't talk about it after it happened and we got six or seven straight new highs and a fiscal cliff. is this what we're seeing today, enough to put anything on hold in your view or do things still look pretty good for our markets here. we did have a series and when you look at the charts this weekend, i cannot believe how many straight ups and take a boeing and it is bad news that indonesia did not go with boeing and that sto
important is being present in the work environment. making better decisions for the organization. depending where you are in the company, they take a longer time to have an impact. we will see that over time. that's the importance of having mindfulness and a personal practice in the workplace at every level in the company. >> mark, you do yoga yourself as well? >> yes, i do. every morning. >> i was telling becky and andrew about your personal style. your ski accident, broken neck, falling down ravine and spending a year on painkillers until you discovered yoga, meditation, acupunctu acupuncture. tell us a little bit about that personal journey. >> well, i think until i had to find my way through a health care system that's really not a system and had to struggle with a debilitating neuropathy. i have it. terrible pain down my left arm all day long. the medical system gave me drugs. the disability system told me to go on long-term disability. they told me that the best hope for me was to live a reasonable good existence on disability payments and to deal with my pain, to focus on my pain. wh
's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the fact that consumers, and fedex and ups talked about this in january. consumers are choosing cheaper ways to ship. they're willing to let things ship over a longer period of time. maybe longer in terms of the type of air they choose. and so i'm wondering if they're doing enough to combat the secular change in the business. >> well, that's a real criticism levied against the company. they have a really big ground work. and i think investors have excited about that. but we need a lot of aircraft for overnight dplifrry. be it domestically or from china. so i think investors are looking for them to get aggressive on
rate environment. >>> u.s. equities had been a little bit waerbg. they have been preparing their losses through the morning. dow futures only 11.5 points below fair value. we've been watching what happened overseas in asia. the nikkei was up 1 1/3. in europe, red arrows because of economic numbers. also concerns continuing about cyprus. the cac is done 1.1%. we have positive comments made by fed chairman ben bernanke. >> we'll use models and other indicators and the state of the labor market to try to make a good estimate how much we need to change the rate of flow. but, again, the point is to let the markets see our behavior, to let them see how we respond to changes in the market. and higher levels of purchases or the ultimate facing out of the program. >> in other words, it's not going to be spigot on, spigot off. rick is the head of strategy at wells fargo securities. rick, thank you for joining us this morning. >> thanks for having me. >> you have been right on some big calls in the past. you called it right almost to the day back in march of 2009. >> yeah. >> for the bottom. >> yo
this morning, this shows incremental softness in i.t. spending environment. that's weighing on all tech names. ibm is down 1.25%. that's a huge weight on s&p 500 at this hour. a lots of them we are watching in the tech sector. s.a.p. down 2.5%. crm down 1%. it is taking everything down at this point. >> oracle was bad. can't mince words about it. >> was oracle being bad a sign of what's bad in overall tech spending or was oracle bad more of a sign of what's bad at oracle? or both? >> it is a big government provider. dell is, too. that's hurt dell. this was sloppy execution. deliver, deliver, deliver. are they losing share in the cloud? clearly. they won too many nine-figure deals. at the same time the market says i want to buy that weakness. why is lululemon up? they want to buy that weak fles. looking for caterpillar to bottom today. onshore drillers, one of the weakest markets, he should buy those. things come down, people just want to buy them. >> do you agree with this 1% move on lululemon today? >> that it is up? no. i don't like lululemon. talk about bad execution. they've just been ter
a difficult environment, cameron international, an equipment player, has an enormous backlog. just last week, got a big order from petro. that's one where we expect substantial earnings growth each of the next several years. >> what else? keep it going while we have time. >> keep it going. in addition to that, we're hopeful for edwards life science. it's been a little more controversial. that's the catheter delivered heart valve. there's been debate about the pace of the launch of that. it's at a lower point now. we think expectations are probably more appropriate. and the stock is attractive. that one is also that we have good expectations for. additionally, in the technology space we have pretty good sized positions in google which is perked up on a year to date basis but we think is getting back on track. 12 months ago that was fairly controversial. it's not nearly so controversial now. >> all right. greg, you don't know offhand whether any of those companies are -- have open board seats, do you? >> no, i don't. i'm not aware of that. >> okay. just wondering. >> you have the science backg
in an environment that can be only described as alice in wonder land, how does the fed managing interest rates play into the interpretation of your survey. or does it at all in your opinion? >> well, i'm not sure if they do look at our survey or not. the reading i would take away is more and more are of the view they may start tweaking with the bond buying program. >> now from my perspective. let me make an assumption. let me say in my opinion i don't think they're going to pull back in a big way any time soon from some of these programs. so i guess the question i'm going to ask you this, is the bearish news showing up in con treat terms, not just opinion in your survey, should the interest rates remain tame and they actually have been dropping, what you are saying is that this could be a contrary indicator that's big out there. it can create a spiral where they need to run in and buy futures if rates start to drop. could that not be true as well? >> well, rick, i think you're right in thinking that is a possibility. we don't know for issue if this is a contrary reader or not. if you have reasons t
-- >> is there -- how much is the business environment of the city and how much of the decisions being mid at the margin by whether it is wealthy people or people coming up businesses or somewhere else, how much is that affected? what tipping point is there when things like in positions and mandates like paid sick leave or higher taxes push people over that marginal line and decide not to open -- >> decree eighting opportunity, creating that path to the middle class of new york city, only helps create a stronger city. what you are seeing is new york city being made weaker. as we saw by the grass. the exodus of middle income workers. that's killing the city. middle mcindividuaclass individ backbone of the city. drying up bit by bit. s it is better to be the people of the city of new york. >> we have policies that make it attractive to come to new york. new york city is always going to be a best nation for people from around the country, around the world. and we have to make it's easier for not only businesses and no only the big companies, but the mom and pops. i have called for the elimination of some o
protection of the poorest and the environment. he said the role of pope is to quote, open his arms and protect all of humanity. those are the headlines. back now to tracy. tracy: i think he is cool, patti ann browne. thank you. >> thank you, tracy. tracy: we have breaking news of after all the back and forth and facilitating all day, cyprus parliament rejects tax on bank deposits for a international bailout. 36 votes against and 19 abstained. who knows where it will keep going. the story keeps going. adam: waiting for the russians. tracy: exactly. treasury secretary jack lew on a critical mission to china. earlier today he met with china's new president to talk cybersecurity and more. peter barnes in washington with details. hey, peter. >> tracy, that's right. cybersecurity is at the top of the agenda the new treasury secretary around the new president of china. just last month the private security firm mandy apt, tied the chinese military to cyber attacks on more than 140 u.s. companies. analysts describe the meetings in beijing as a get acquainted session that will set the table
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